We wanted to build a cabin for us but learned there is nothing and off grid so it has been sitting there for last three years and paying the property tax. 

Since it won't be cash flow in this condition and may run into loss it may offset my rental income but hoping to build equity and have another investment in my portfolio.What would you folks suggest?

BOE = Building basis less land value * 20-30% * applicable rate (now 60%)

I’m here to learn while I build cash reserves and attempt to make my credit as attractive as possible.

You have a solid foundation, build on it.

Purchase price: $1,700,000 I invested in the Bel Aire Apartments in Burlington due to its potential for long-term cash flow and appreciation.

I don't mean residential DSCR or other non-qm type loans but rather loans for office buildings, stipmalls, owner occupied SBA loans, etc...

I owned a 12 unit apart building in a very low income area with all section 8 tenants.  

There are a lot of excellent operators/syndicators out there that you can build a great long term relationship with, not only the popular groups that are sometimes more focused on education or selling coaching.

I'm considering purchasing a plot of land in Burdett, NY and building multiple tiny homes on the property.